bank lending. We are using a dataset on assets and liabilities of commercial banks from five countries (France, Germany …

-ins for monetary union with respect to Germany. Using tests for cointegration and common features for monthly data during the …

In Germany, there is no trade union membership wage premium, while the membership fee amounts to 1% of the gross wage … evidence for a private gain from trade union membership which has hitherto not been documented: in West Germany, union members …

In 1996, statutory sick pay was reduced for private sector workers in Germany. Using the empirical observation that …

In the 1990s overtime incidence in Great Britain and West Germany is quite similar, while the average amount of hours … of overtime for full-time male workers with overtime in Great Britain is roughly twice those in Germany for all years. We … time. In Germany, we observe a remarkable decrease in the share of workers who work paid overtime and a significant …

Germany, we find that works councils affect wage growth only in combination with collective bargaining. Wage adjustments to … council ; Germany …

structural breaks in the dynamics and the volatility of the real output process in Germany can be detected. We report evidence … that output volatility has declined in Germany. Yet, this decline in output volatility is not as clear-cut as it is in the … in Germany reflects good economic and monetary policy or merely "good luck". …